CyberArk (CYBR) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Core Insights - CyberArk's stock performance has lagged behind major indices, with a recent decline of 2.12% to $507.98, while the S&P 500 lost 1.17% [1] - The upcoming earnings report is anticipated to show a decline in earnings per share (EPS) by 2.13% year-over-year, with projected revenue increasing by 36.21% [2] - For the full year, analysts expect a significant increase in both EPS (+27.39%) and revenue (+32.53%) compared to the previous year [3] Financial Performance - CyberArk is projected to report earnings of $0.92 per share and revenue of $327.05 million in the upcoming quarter [2] - The Zacks Consensus Estimates for the full year suggest earnings of $3.86 per share and revenue of $1.33 billion [3] Analyst Sentiment - Recent changes in analyst estimates are crucial as they reflect short-term business trends, with positive revisions indicating optimism [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks CyberArk as 4 (Sell) [6] Valuation Metrics - CyberArk has a Forward P/E ratio of 134.6, significantly higher than the industry average of 74.85 [6] - The company also has a PEG ratio of 5.54, compared to the Security industry's average PEG ratio of 2.92 [7] Industry Context - The Security industry is part of the Computer and Technology sector, which has a Zacks Industry Rank of 163, placing it in the bottom 35% of over 250 industries [7][8] - Historical data indicates that top-rated industries outperform lower-rated ones by a factor of 2 to 1 [8]